Canada Pension Plan
GAD helps set up an external peer review on the 30th Actuarial Report on the Canada Pension Plan.
Experts from the Government Actuary鈥檚 Department (GAD) have assisted with an external peer review on the on the Canada Pension Plan.
Peer review
GAD helped Canada鈥檚 Office of the Chief Actuary (OCA) to select the members of the external peer review panel. We also confirmed the panel carried out a sufficiently thorough review and that the work was adequate and reasonable.
In their , the panel found that the methods and assumptions for the 30th Report were reasonable and that the work complied with all relevant professional standards of practice and statutory requirements. The panel made 9 recommendations about various aspects of the report.
GAD鈥檚 role
James Thompson, the GAD actuary who worked with the OCA, said: 鈥淲e played a significant role in establishing the peer review panel which has provided important reassurance of the high quality of the work underlying the 30th Report.
鈥淥ur expertise in social security matters and quality assurance means we were extremely well placed to help our client in this way.鈥�